Room Rental Guidelines: Fill & Download for Free

Hi, This is a great set of questions : Would you use a standard lease for a room rental? What clauses would you include to prevent problems? this is my answersYes I would use as part of the room mates lease the standard lease. You need to have all the proper terms that were offered on the lease to you, so that they know exactly what the requirements are. Then …You need to add your rules about problems: here is a checklist that you want to start with and use as a guideline.House temp. Heating or A/C ratio bills. Electric bills. Parking spots. Shower bathroom times not the “running to the toilet times of course”, clean up rules. Kitchen clean up ( dishwasher uses a lot of electric). vacuuming chores… this little bit should help you get the second part concept correct

I am so glad this question exists on Quora. I hope to clear up the mass confusion. Upfront; I have been operating Sharing Economy businesses in Asia since 2012, which is why I have looked into the matter deeper than most.In 2012, I consulted with a reputable law firm (name withheld) that has issued me a written response about the URAs statements on short-term leasing. Here are their findings paraphrased:"...the Guideline is not law as it is not codified in a statutory instrument. The URA, in response to a query from the public, made a statement in The Straits Times on 26 May 2012 (Leasing guideline) in which it conceded that the Guideline was not a ‘ruling’, but stressed that the URA “issue[s] guidelines from time to time to provide transparency and clarity on how the URA exercises its functions under the Planning Act”Their advise goes on to say that participants of short-term leasing should inform their guests not to disturb neighbours or the URA has the right to step in according to the letter of the law.To summarise their response in points:Short-term renting is not illegal for private propertyThe popular "6-month minimum rental period" quoted widely in the press is not a law but a guideline by the URA (Leasing guideline)Owners of short-term rental homes should ensure guests don't cause disturbance to the neighbourhood or they are at risk of getting in trouble with the URAThe URA has the authority to take action if guest causes disturbance to the neighbourhood.---------------------This doesn't mean that everyone can operate a short-term rental. The HDB rules are very clear about disallowing subletting; So 80% of my countrymen are unfortunately powerless to defray the effects of inflation through maximising the yield on their most valuable but illiquid asset.---------------------The above are facts. Now here are the mosaic of opinions on the matter after speaking to a few hundred guests, owners, regulators, companies, students, schools, medical tourists and hotel owners personally;Landlords of investment properties (non-owner occupied) are for it; mainly due to pressure to service mortgage.About half of landlords of owner-occupied properties are for it due to supplementary income; background is usually recent unemployment driving the activity to hostThe other half against it mainly due to discomfort of unfamiliar facesGuests want itNeighbours will activate the regulor when drunks or prostitution is involvedHotel associations hate itRegulators usually neutral until hotel associations put pressureMost common reasons cited by regulator are: Tax and DisturbanceReal demand is driven by expensive hotels and few viable options for the person who staying for 30–180 daysSolution to social problem faced by retiree in asset rich cash poor position

The Fair Housing Guidelines had occupancy guidelines set at 2 per bedroom and potentially plus one in the event there is an extra room like a den, office, family room that could be used as a bedroom. However, now Housing Authority has tightened up the occupancy, requiring from what I hear from tenants looking to 3 for a one bedroom or 5 for a two bedroom because of the plus one guideline but it is making it increasingly difficult for people who are being subsidized to find rentals because most landlords do not want to put 3 people into a one bedroom apartment. The rental company should have the occupancy guidelines clearly written on their rental criteria so you can determine up front what size apartment you would need to rent. If you have 5 people wanting to move in and it states 2 per bedroom, then you would need a 3 bedroom apartment. A landlord may establish their own occupancy guidelines but they should be similar to the Fair Housing Guidelines. For example, if they owned a six bedroom house and said only one occupant allowed, that would not be reasonable. That would be a potential case for discrimination against the landlord because it may be construed that they are attempting to keep out families by only allowing one occupant.